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Jan 25, 2013
01/13
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FOXNEWS
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. >> well, i think that the real turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that point, we can't do business with these guys. boehner can't control the tea party element in his own house. and we're going to have to start running for president and running for president, pushing a liberal agenda. really from mid-summer, boehner says from labor day of 2011, he was very much running for president, pushing the liberal agenda. he was the protector of the middle class. and it is continued up through his re-election and now we see it in his inaugural address, very little talk about common ground. you know he basically dismissed his republican opposition as absolutism, as name-calling. i th
. >> well, i think that the real turning point for this president was that debt debate over the debt ceiling in july and august of 2011 and there an opportunity there and it came close, and i will not ascribe blame because there is probably enough going around when it looked like the president and john boehner were able to make a grand bargain, 3, $4 trillion in deficit reduction, it fell apart and rightly or wrongly it seems clear that the president and the white house decided at that...
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Feb 1, 2013
02/13
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. >> whited lawmakers decided his best to delay the debt ceiling? >> about two weeks ago they tried in 2011 to use the debt and then as a leverage point to force obama to swallow spending cuts. it worked, but it is terribly damaging to the nation's economy and their political capital. with something like 90% in august of 2011 and they recognize this is a bad idea. thing is a pretty bad idea of a downgrade for the first time. they didn't want to do that again, but they didn't want to vote for a thicker national debt either. that doesn't care what their philosophy to pick them up with a strategy and in the meantime we want the senate to pass a budget for 2014 and the law says if either chamber fails a budget, paychecks will be docked. the whole idea is to postpone the economy default situation until the prosecutor at the continuing fight over taxes and then made to a point where both sides are satisfied in the debt limit can be raised again. >> how a template of a increasing the deficit in effect the economy and financial markets? >> where do you know
. >> whited lawmakers decided his best to delay the debt ceiling? >> about two weeks ago they tried in 2011 to use the debt and then as a leverage point to force obama to swallow spending cuts. it worked, but it is terribly damaging to the nation's economy and their political capital. with something like 90% in august of 2011 and they recognize this is a bad idea. thing is a pretty bad idea of a downgrade for the first time. they didn't want to do that again, but they didn't want to...
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Jan 25, 2013
01/13
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FBC
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now this extension of the debt ceiling free or four months. the economy cannot withstand at this point. >> well, that is one of the biggest problems. >> definitely not optimal. cheryl: exactly. you're right. what do you say? >> it is one of the biggest problems we have had in the economy, investors like certainty. they want to know what their tax rate will be, what their credit rating agencies are going to do. delicate washington and scratch their heads because they're not getting much certainty. the only certainty they have gotten is the fact that their taxes are going up astronomically. and a lot of business people across the country are hoping that would be coupled with a lot of spending restraint so that we would not give further downgraded by the credit rating agencies and that we could actually get ourselves on a glide path toward a balanced budget. you have to give paul ryan a lot of credit. both of your guests are doing that by saying he is at least putting a plan out. harry reid is not put a plan out for four years. talk about breakin
now this extension of the debt ceiling free or four months. the economy cannot withstand at this point. >> well, that is one of the biggest problems. >> definitely not optimal. cheryl: exactly. you're right. what do you say? >> it is one of the biggest problems we have had in the economy, investors like certainty. they want to know what their tax rate will be, what their credit rating agencies are going to do. delicate washington and scratch their heads because they're not...
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Jan 29, 2013
01/13
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FOXNEWS
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summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry our white house correspondent of spouting republican talking points. and now, they get into this fight over more and more spending, a debt ceiling fight and a fiscal cliff fight. the president is talking about fox again. it's what happens when he gets into a fight. >> greta: it would be so much better if he would sort of man up and get in the arena instead of sits on the side line and talks to his comfortable media. pan it's so easy for him to take a shot and come here and be treated with respect and you know he will be here and bill o'reilly will probably treat him respectfully. he'll probably never talk to sean, but sean will be respectful and he won't come here. >> and research has shown that more democrats watch fox than republicans watch some of the other news networks and if you go back to the debt ceiling fight. one. things that angered the white house was republicans were saying repeatedly, the president hasn't put forth
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry our white house correspondent of spouting republican talking points. and now, they get into this fight over more and more spending, a debt ceiling fight and a fiscal cliff fight. the president is talking about fox again. it's what happens when he gets into a fight. >> greta: it would be so much better if he would sort of man up and get in the arena instead of sits on the...
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Jan 29, 2013
01/13
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FOXNEWS
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summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i don't blame him. but it's easy to take a shot. but he can come here. r. he will be treated with respect. bill o'reilly -- he would never talk to sean. but sean would be respectful am but he doesn't, you know, he won't come here -- and -- >> the research has shown more democrats watch fox than republicans watch some of the other news networks. if you go back to the debt ceiling fight, one of the things that angered the white house was republicans were saying, repeatedly, the president hasn't put forth a plan. wais his plan to cut spending? the answer was, you a
summer of 2011, big fight over the debt ceiling at the time. jay carney, white house press secretary accuses ed henry, our white house correspondent of spouting republican talking points. and now, to get into this fight over more and more spending. we have had a debt ceiling fight and a fiscal cliff fight, the president's talking about fox again. >> it would be so much better if he would man up and get in the arena. instead, he sits on the sidelines and talks to the comfortable media -- i...
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Jan 24, 2013
01/13
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CNBC
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ceiling. on the other hand, despite all of that liquidity, we have mediocre employment growth, manufacturing data, while it has improved is still around that recessionary line of 50 and to your point around m2 that's very interesting and yet we're still at record low velocity of money. that's very scary. all this money pumped into the system is sitting on the balance sheets of banks, corporations. >> nominal gdp is starting to rise. >> slowly. >> what about the information revolution? now, you made an important point. so far why should raise taxes on investors, terrible idea. i'm hoping do no harm, maybe some small spending cuts so that's not going to be a factor. i don't see a debt default. i think that's off the table. what blt american energy revolution, what about the growth, what about the cheap natural gas and what about how that makes america so competitive? i'm only talking 2.5% growth, not 3%, 4, 5% growth. >> the fertilizer trusts are on fires. ammonia is going to be cheap, that's te
ceiling. on the other hand, despite all of that liquidity, we have mediocre employment growth, manufacturing data, while it has improved is still around that recessionary line of 50 and to your point around m2 that's very interesting and yet we're still at record low velocity of money. that's very scary. all this money pumped into the system is sitting on the balance sheets of banks, corporations. >> nominal gdp is starting to rise. >> slowly. >> what about the information...
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Jan 27, 2013
01/13
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two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to
two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure,...
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Jan 26, 2013
01/13
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we are not going to just keep raising the debt ceiling, we are going to make a down payment on debt reduction and we are going to putt -- we are going to point the country in the right direction. we are going to cut spending. [applause] there will be times when conservatives disagree on the way forward. we never marched in lockstep. we can deliver it in private. all we should ask for each other is that we give an honest account of our actions and the reasons for them. we should challenge the left, not each other. if we take a prudent course we will be in very good company. take james madison. nowadays we call him the founder and the father of the constitution. but at the constitutional convention he lost key arguments. he fought to give each state the same number of seats in the senate. he wanted to give congress more power. he wanted them to be able to be tough state laws. in both cases, he argued vigorously for his side. in both sets -- in both cases he lost. when it came to ratify the when it came time to ratify the constitution, there was no better person than james madison. he led the ch
we are not going to just keep raising the debt ceiling, we are going to make a down payment on debt reduction and we are going to putt -- we are going to point the country in the right direction. we are going to cut spending. [applause] there will be times when conservatives disagree on the way forward. we never marched in lockstep. we can deliver it in private. all we should ask for each other is that we give an honest account of our actions and the reasons for them. we should challenge the...
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Feb 1, 2013
02/13
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CSPAN2
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. >> why did lawmakers decide it was best to delay having to debate raising the debt ceiling? >> well, it was a decision by house republican leaders a few weeks ago. they tried in 2011 to use the debt limit as a lynch -- leverage point to force obama to swallow spending u cuts. it worked but -- [inaudible] to something like 9%. and they recognize that it was a bad idea. i mean, gambling with the credit of the united it turned out is a bad idea. we were downgraded for the first time in nation's history. they department want to do that again. like i said, i didn't want to vote for a bigger national debt either. that doesn't fit with their philosophy. they came up with the strategy of saying we're going us is fend. and in the meantime, they want the senate to pass a budget for 2014 and the law salses that -- says that if either chamber fails to adopt a budget by april 15, the paychecks will be docked. the idea of the thing is to postpone the sort of economy raddling default situation until they can prosecute the continuing fight over taxes and spending to a point where, you know,
. >> why did lawmakers decide it was best to delay having to debate raising the debt ceiling? >> well, it was a decision by house republican leaders a few weeks ago. they tried in 2011 to use the debt limit as a lynch -- leverage point to force obama to swallow spending u cuts. it worked but -- [inaudible] to something like 9%. and they recognize that it was a bad idea. i mean, gambling with the credit of the united it turned out is a bad idea. we were downgraded for the first time...
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Jan 31, 2013
01/13
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FOXNEWS
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eye 138
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over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate democrats to pass budgets. they have not done that during obama's first term. the measure says each chamber has to pass a budget by mid-april. sured either chamber fail, its member's pay would be withheld. here is harry reid talking about it and how it comes together today. >> obviously democrats would prefer a longer suspension of the debt ceiling which would provide additional economic security and stability as we continue to find ways to decrease the deficit. raising the possibility the united states could default on its obligations every few months is not an ideal
over all extends enforcement the of current debt ceiling through mid-may. but at that point it retroactively goes up and the bipartisan policy center says the increase will be $450 billion. call it about half a trillion so the new total will end up being around 17 trillion in federal debt, as of mid-may. that string attached to the no budget-no pay provision. house republicans who have passed budgets during the first obama term inserted this into the legislation, essentially to pressure senate...
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Jan 24, 2013
01/13
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CSPAN
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the last time the house republicans played political games with the debt ceiling, august 20 11, our economy produced the lowest job growth in three years. during that two-month period, the dow jones plummeted 2,000 points including one of its worst single day drops in history, 635 points on, on august 8. s&p downgrade the u.s. credit rating for the first time in history. leading republicans in june, 2011, criticized the notion of a short-term debt ceiling increase as providing a lack of certainty. the majority leader said, i quote, we feel very strongly that one of the reasons we continue to see an ailing economy is that people have very little confidence, have very little senchity in terms of where we are headed, end of quote. and our ways and means chairman echoed that feeng only days later, saying aut the prospect of a short-term debt ceiling increase, in quote, it does not give you certainty. this bill does not give certainty but uncertainty. the action we took new year's day to avoid the fiscal cliff brought our total deficit reduction over the past two years to $2.5 trillion. what's m
the last time the house republicans played political games with the debt ceiling, august 20 11, our economy produced the lowest job growth in three years. during that two-month period, the dow jones plummeted 2,000 points including one of its worst single day drops in history, 635 points on, on august 8. s&p downgrade the u.s. credit rating for the first time in history. leading republicans in june, 2011, criticized the notion of a short-term debt ceiling increase as providing a lack of...
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125
Jan 28, 2013
01/13
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eye 125
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and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give an honest account of our actions and their reasons for them. we should challenge the left, not each other. and if we take the prudent course, you know what? we'll be in really good company. our founders were men of prudence. take james madison. nowadays we call him the founder, the father of the constitution. but at the constitutional convention, he lost some key arguments. you know, he fought the plan to give each state the same number of seats in the senate. he thought it was deeply unjust. and at first he wants -- he wanted congress to be able to ve
and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give...
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Jan 25, 2013
01/13
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MSNBCW
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debt ceiling change, they had to promise that paul ryan was going to produce a budget in a week that would balance the budget in ten years with no revenue increases. >> right. >> now, when you see what is going to happen to spending in order to meet those numbers, i'd like to see her go out there and say, this is the kind of thing the republican party should get behind and run behind because it's going to be ugly. >> richard wolffe, mary matalin is positive. there aren't a lot of republicans right now who are given what's happened. but again, we see shifts in party allegiances fairly quickly. it just does seem like my party is suffering a long-term letdown. to say the least. >> yeah. look, mary has a strong character, as we all know. the truth is that the president actually won and he won pretty big for his ideas. i didn't -- by the way, the president talking about cap and trade in his inaugural. he didn't say how he would address climate change. he said we have to address the impact of it. the question for republicans, i think, is what's the big idea? and it is what you keep advocat
debt ceiling change, they had to promise that paul ryan was going to produce a budget in a week that would balance the budget in ten years with no revenue increases. >> right. >> now, when you see what is going to happen to spending in order to meet those numbers, i'd like to see her go out there and say, this is the kind of thing the republican party should get behind and run behind because it's going to be ugly. >> richard wolffe, mary matalin is positive. there aren't a lot...